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What you export matters : does it really?
Grancay, Martin; Grancay, Nora; Dudas, Tomas - In: Contemporary economics 9 (2015) 2, pp. 233-244
for economic growth. The authors developed an indicator of income level linked to the country’s exports they called EXPY … 2004 - 2013. We show that, in the aggregate, higher values of EXPY are connected with faster economic growth. However, the … between export sophistication and economic growth. As a result, we argue that EXPY is not a good predictor of future economic …
Persistent link: https://www.econbiz.de/10011305993
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Chile; Institutions and Policies Underpinning Stability and Growth
Kalter, Eliot; Phillips, Steven; Singh, Manmohan; … - International Monetary Fund (IMF) - 2004
This paper presents the primary institutions and economic policies that have led to Chile’s remarkable record of stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an open trade policy regime, together with carefully...
Persistent link: https://www.econbiz.de/10005767351
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Absorptive capacity and the impact of commodity terms of trade shocks in resource export-dependent economies
Terada Hagiwara, Akiko; Villaruel, Mai Lin C.; Edmonds, … - 2016
This paper investigates the role of “absorptive capacity” to manage unexpected shocks to their real economy, with a focus on small, open, natural resource-dependent economies. A quarterly panel data series for 45 countries is constructed, including 23 developing Asian countries for empirical...
Persistent link: https://www.econbiz.de/10011579034
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Relationship between Trade Liberalisation, Growth and Balance of Payments in Developing Countries : An Econometric Study
Parikh, Ashok - 2004
The objectives of this paper are to study the impact of liberalisation on trade deficits and current accounts of developing countries. It is expected that trade liberalisation would promote economic growth from the supply side by leading to a more efficient use of resources, by encouraging...
Persistent link: https://www.econbiz.de/10014070258
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Prices in trade of the Czech republic with member countries of the European union
Nešvera, Václav - In: Politická ekonomie 2006 (2006) 2, pp. 214-226
Empirical research on the differences between unit values in the EU's trade with the Czech Republic and the intra-EU average has shown a significant changes. The comparative level of manufacturing products imported from the Czech republic has increased, the comparative level of products exported...
Persistent link: https://www.econbiz.de/10005036595
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Agricultural Export Performance in Africa: Elements of comparison with Asia
Ngaruko, Floribert - Food and Agriculture Organization (FAO), United Nations - 2003
This study addresses the strategies and the factors of agricultural export performance in Africa compared with other regions, especially Asia. Regarding the figures of agricultural export performance across these regions, the study finds that agricultural export commodities, either primary or...
Persistent link: https://www.econbiz.de/10005755026
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Global Rebalancing; Implications for Low-Income Countries
Yang, Yongzheng - International Monetary Fund (IMF) - 2011
While global rebalancing will mainly involve structural realignment among major advanced and emerging market economies, it could have significant impact on low-income countries (LICs). Simulations using a global general equilibrium model show that a more balanced global economy would tend to...
Persistent link: https://www.econbiz.de/10009369449
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Trade Openness and Volatility
Levchenko, Andrei A.; Giovanni, Julian di - International Monetary Fund (IMF) - 2008
This paper examines the mechanisms through which output volatility is related to trade openness using an industry-level panel dataset of manufacturing production and trade. The main results are threefold. First, sectors more open to international trade are more volatile. Second, trade is...
Persistent link: https://www.econbiz.de/10010790347
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Current Account Rebalancing and Real Exchange Rate Adjustment Between the U.S. and Emerging Asia
Sandri, Damiano; Rabanal, Pau; Méjean, Isabelle - International Monetary Fund (IMF) - 2011
A reduction in the U.S. current account deficit vis-à-vis emerging Asia involves a shift in demand from U.S. to emerging Asia tradable goods and a change in international relative prices. This paper quantifies the required adjustment in the terms of trade and real exchange rates in a...
Persistent link: https://www.econbiz.de/10008876596
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Absorptive capacity and the impact of commodity terms of trade shocks in resource export-dependent economies
Terada-Hagiwara, Akiko; Villaruel, Mai Lin C.; Edmonds, … - 2016
This paper investigates the role of 'absorptive capacity' to manage unexpected shocks to their real economy, with a focus on small, open, natural resource-dependent economies. A quarterly panel data series for 45 countries is constructed, including 23 developing Asian countries for empirical...
Persistent link: https://www.econbiz.de/10011725560